The Saskatchewan Mining Development Corporation Reorganization Amendment Act, 1989
24600/31632
Saskatchewan — Consolidated Statutes
# 1989
CHAPTER
An Act to amend The Saskatchewan Mining Development Corporation Reorganization Act (Assented to August 25, 1989) HER MAJESTY, by and with the advice and consent of the Legislative Assembly of Saskatchewan, enacts as follows:
Short title1 This Act may be cited as The Saskatchewan Mining Development Corporation Reorganization Amendment Act, 1989. S.S. 1988-89, c.S-30.1,
section amended The following subsection is added after subsection 5(3) of The Saskatchewan Mining Development Corporation Reorganization Act: "
(4) Notwithstanding any other Act or law, any sale, assignment or transfer of any assets that constitute an interest in a partnership governed by the laws of Saskatchewan by SMDC to the purchaser corporation shall not, in the absence of any agreement to the contrary, result in a dissolution or termination of that partnership". Coming into force3 This Act comes into force on the day of assent but is retroactive and is deemed to have been in force on and from July 8, 1988.